Federal Lawmakers Propose Credit Reporting Changes

TODAY: July 28, 2015 PUB DATE: July 28, 2015

...Citigroup Inc.?each of which has been sued by borrowers who said they had inaccurate credit reports. The banks have denied wrongdoing. Earlier this month, J.P. Morgan Chase & Co. agreed to pay $13...

Federal Lawmakers Propose Credit Reporting Changes

TODAY: July 28, 2015 PUB DATE: July 28, 2015

...Citigroup Inc.--each of which has been sued by borrowers who said they had inaccurate credit reports. The banks have denied wrongdoing. Earlier this month, J.P. Morgan Chase & Co. agreed to pay ...

Hartford Financial Core Earnings Jump

TODAY: July 28, 2015 PUB DATE: July 28, 2015

Hartford Financial Services Group Inc. said its second-quarter core earnings more than doubled, rising well above analysts' estimates, helped by improved underwriting results. The company also announced plans to boost its dividend and increase stock buyback and debt repayments. The ...

Melrose Sells Elster to Honeywell for $5.1 Billion

TODAY: July 28, 2015 PUB DATE: July 28, 2015

LONDON?Manufacturing group Melrose Industries PLC said Tuesday it has agreed to sell its German-based energy and water business, Elster Group GmbH, to Honeywell International Inc. for £ 3.3 billion ($5.1 billion) in cash. Melrose intends to use the proceeds to ...

Zurich Insurance May Seek to Buy U.K. Insurer RSA

TODAY: July 28, 2015 PUB DATE: July 28, 2015

By Neil MacLucas ZURICH--Zurich Insurance Group AG said Tuesday it is considering a potential offer for the U.K. insurer RSA Insurance Group PLC. The Swiss insurer said that it is responding to media speculation about a bid for its U.K. ...

GKN Raises Aerospace Stakes with Fokker Buy--Update

TODAY: July 28, 2015 PUB DATE: July 28, 2015

By Robert Wall LONDON-- GKN PLC has agreed to buy the Netherland's historic Fokker Technologies Group BV as the British engineering company deepens its bet on the aerospace sector. The British supplier of plane parts to Boeing Co. and Airbus ...

Stocks Steady as China Bounces Back -- Update

TODAY: July 28, 2015 PUB DATE: July 28, 2015

By Tommy Stubbington Global stock markets steadied on Tuesday after heavy declines, as Chinese shares bounced back from their lows in another roller coaster session. In Europe, the Stoxx Europe 600 was up 0.8% midmorning. The index had fallen 2.2% ...

Smaller Chinese Cities Miss Housing Recovery

TODAY: July 28, 2015 PUB DATE: July 28, 2015

By Esther Fung CHANGCHUN, China--The name of this city in northeastern China means eternal spring, a misnomer for a place where winter temperatures can reach as low as -30 degrees Celsius (-22 Fahrenheit). But while the housing markets in some ...

Diageo Terminates Heineken Partnership in South Africa

TODAY: July 28, 2015 PUB DATE: July 28, 2015

LONDON?Diageo PLC said it would terminate its partnership with Heineken NV in South Africa, as the world's largest spirits maker moves to wield more control over an increasingly important market. The London-headquartered maker of Smirnoff vodka and Johnnie Walker whiskey ...

S&P 500, Nasdaq Futures -- Technical Analysis

TODAY: July 28, 2015 PUB DATE: July 28, 2015

Chicago Mercantile Exchange September S&P; 500 Futures 2125.20 -- lifetime high 2121.30 -- previous month's high 2117.53 -- second pivot point resistance 2102.74 -- 9-day moving average 2097.57 -- first pivot point resistance 2087.13 -- 4-day moving average 2086.03 -- ...

Mylan's Leverage to Resist Teva Deal Reveals Shift in Rules

TODAY: July 28, 2015 PUB DATE: July 28, 2015

By Shayndi Raice and Liz Hoffman At a heated meeting with Mylan NV's executive team in a Manhattan conference room in May, several investors complained about the drug maker's resistance to a $40 billion takeover proposal from Teva Pharmaceutical Industries ...

GM to Invest $5 Billion in Designing Emerging Market Cars

TODAY: July 28, 2015 PUB DATE: July 28, 2015

By John D. Stoll General Motors Co. will work with a Chinese auto maker on a $5 billion initiative to overhaul how it creates cars for developing markets, a move that represents the U.S. auto maker's first major development project ...

Melrose Sells Elster to Honeywell for $5.1 Billion

TODAY: July 28, 2015 PUB DATE: July 28, 2015

By Alex MacDonald LONDON--Manufacturing group Melrose Industries PLC said Tuesday it has agreed to sell its German-based energy and water business, Elster Group GmbH, to Honeywell International Inc. for GBP3.3 billion ($5.1 billion) in cash. Melrose intends to use the ...

Thailand's Finance Ministry Braces for Lower Growth in 2015

TODAY: July 28, 2015 PUB DATE: July 28, 2015

Nopparat Chaichalearmmongkol BANGKOK-Thailand's finance ministry cut its 2015 growth estimate for the third time this year, citing continued pressure from the global economic slowdown. According to the ministry's Fiscal Policy Office, Thailand's GDP should expand 3.0% this year, down from ...

GKN Upgrades Aerospace Stakes With Fokker Buy

TODAY: July 28, 2015 PUB DATE: July 28, 2015

LONDON?GKN PLC has agreed to buy the Netherland's historic Fokker Technologies Group BV as the British engineering company deepens its bet on the aerospace sector. The British supplier of plane parts to Boeing Co. and Airbus Group SE said it ...